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    <title>NCLT Waives RIL&#039;s Need for Stakeholder Meetings in Demerger with Subsidiary, Streamlining Process per Legal Precedents.</title>
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    <description>Scheme of Rearrangement - demerger/transfer of business - the Demerged Company RPPMSL is a wholly-owned subsidiary of the Appellant Company RIL - Requirement of getting consent from creditors and shareholders - Discretionary power of NCLT - Following the decision of High Court and NCLAT, the convening and holding of meetings of Equity Shareholders, Secured and Unsecured Creditors of the Appellant Company RIL is dispensed with - AT</description>
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      <description>Scheme of Rearrangement - demerger/transfer of business - the Demerged Company RPPMSL is a wholly-owned subsidiary of the Appellant Company RIL - Requirement of getting consent from creditors and shareholders - Discretionary power of NCLT - Following the decision of High Court and NCLAT, the convening and holding of meetings of Equity Shareholders, Secured and Unsecured Creditors of the Appellant Company RIL is dispensed with - AT</description>
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